Wella CEO steps down, Glenn Murphy appointed executive chair

Global beauty leader Wella Company announced on Wednesday the resignation of Annie Young-Scrivner from her role as chief executive officer and board director. 

Current board chair Glenn K. Murphy has been appointed by the board to oversee the company as executive chair.

Young-Scrivner, who has served as CEO since Wella Company was established as an independent entity four years ago, cited family matters as a contributing reason for her departure.

Murphy has been Wella Company’s board chair for the past two years. His experience includes CEO and executive chair roles at major companies such as Gap Inc., Lululemon Athletica, Inc., and Shoppers Drug Mart Inc.

Recognized for his ability to drive commercial excellence and reposition businesses for sustained growth, Murphy is well-positioned to lead Wella Company through its next phase of evolution.

“This is a pivotal time in Wella Company’s evolution, and I am excited to oversee the work of the team as we elevate the business to new levels of performance and success,” said Murphy. “In Annie’s four years as Wella Company’s CEO, she helped establish a solid foundation for future growth. We thank her for her many contributions and wish her all the best.”

Wella Company’s portfolio of hair and nails brands for industry professionals and consumers, include Wella Professionals, OPI, ghd, Briogeo, Nioxin, Sebastian Professional, and Clairol.